Facebook parent company Meta cuts 11,000 jobs, 13% of workforce

Meta, like other social media companies, enjoyed a financial boost during the pandemic lockdown era because more people stayed home and scrolled on their phones and computers. But as the lockdowns ended and people started going outside again, revenue growth began to falter.

In this photo illustration, the Facebook logo is displayed on the screen of an iPhone in front of a Meta logo on Feb. 3, 2022 in Paris, France. RELATED:Last week, Twitter laid off about half of its 7,500 employees, part of a chaotic overhaul as Musk took the helm. He tweeted that there was no choice but to cut the jobs "when the company is losing over $4M/day," though did not provide details about the losses.

Always trying to top twitter!

The GOP has wanted to destroy the wokies in Silicon Valley let’s see how this goes.

Meta needs to be marketed to the elderly 🤔

Go woke go broke. Just love watching people get fired. Liberals fired me over vax mandate. Karma is a bitch isn’t it.

Shocking, not in this thriving economy they voted for.

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